This Investment Opportunity is one of the rare ones! The current & excellent tenant has been there for 6 years and will be staying.
The rental will increase in August and could see the return to the landlord increase to circa 7%! The average Brisbane Investment Property return currently sits at only 3.9%.
On a 90% P&I Mortgage the weekly repayments will be super close to being covered by the weekly rental. Not Bad Hey! (Source: https://moneysmart.gov.au/home-loans/mortgage-calculator)
If you're looking for an Investment Property in a 10/10 location, in a well maintained & managed Building, thats sub $380K, that provides a good and growing return, then this could be the one!
Asking Price: $375,000 Or Nearest Offer.
Layout: 1 bed, 1 bath with an internal balcony with a 50 sqm floor area.
Building Features: A lap pool on Level 2 is the only facility - therefore assisting in keeping Body Corporate Levies down. The building has a ducted air-conditioning system which is a user pays model, therefore if the occupant (tenant) uses the system, its shows up on their electricity bill.
Views: A Level 12 position on the north-eastern side of the complex with good lofty views over Hamilton toward the airport.
Call or Email Jorgensen today on 0407 721 335 to receive the detailed information pack, including Brochure, Rates, Levies and Floor Plan.(Listing ID: 21132161 )
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.07 km | 1 | 1 | 53m2 | Year 2024 Month 05 Day 13 | $380,000 | Council approved | |
 | 0.01 km | 1 | 1 | 68m2 | Year 2024 Month 03 Day 11 | $499,000 | Council approved | |
 | 0.07 km | 1 | 1 | -m2 | Year 2024 Month 02 Day 19 | $445,000 | Council approved | |
 | 0.07 km | 2 | 2 | -m2 | Year 2024 Month 02 Day 13 | $715,000 | Council approved | |
 | 0.07 km | 2 | 2 | -m2 | Year 2024 Month 02 Day 03 | $700,000 | Council approved |